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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Lee who wrote (67939)9/28/1998 10:45:00 AM
From: jbn3  Read Replies (1) | Respond to of 176387
 
Lee,

About the first week in April, DELL would have been trading at from 61-66. I don't know which LEAP puts we're talking about... strike or year. But to give you an example:

206.7.107.6

P JAN01 60.0 0 15 5/8 16 3/8 0 0 0 0 121 ZDEML
P JAN01 65.0 0 18 1/4 19 0 0 0 0 371 ZDEMM
P JAN01 70.0 0 20 5/8 21 5/8 0 0 0 0 86 ZDEMN
P JAN01 75.0 0 23 3/8 24 3/8 0 0 0 0 23 ZDEMO

P JAN00 60.0 12 1/4 11 3/4 12 1/2 -5/8 12 1/4 11 3/4 25 494 LDEML
P JAN00 65.0 15 15 15 5/8 0 0 0 0 939 LDEMM P JAN00 70.0 17 17 17 3/4 -1 1/4 17 17 10 129 LDEMN
P JAN00 75.0 22 19 3/8 20 1/8 0 0 0 0 550 LDEMO

(the above data was taken at 10:30 on Monday morning, with DELL trading at 68+)

So, extrapolating from what current put prices correspond to current share price I could make SWAGs that the
JAN 60 (00) puts cost about $15 in April; currently 2 7/16 x 2 13/16
JAN 65 (00) puts cost about $17 in April; currently 3 1/2 x 3 7/8.

JAN 01's weren't available in April.

Hope that answers the question.(It almost makes one feel sorry for LT)

3.